China's AgBank falls in step with cryptocurrency crackdown

China's AgBank falls in step with cryptocurrency crackdown

FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo

Agriculture Bank of China (AgBank), the country’s third largest lender by assets, said on Monday that it was following guidance from the central bank to clamp down on cryptocurrency trading and mining activities.

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